Friedman Real Estate’s Rich Deptula, Todd Hawley, and Peter Jankowski closed the sale of a newly constructed multifamily community with more than 500 units, setting a record transaction in Central Florida.
The Class A multifamily community was developed in multiple phases, completed in 2024, and reached stabilization shortly thereafter. With modern amenities, expansive green space, and a resort-style pool and clubhouse, the property attracted strong interest from domestic and international investors.
Following a competitive marketing process, the Friedman team received more than 20 qualified offers and selected an international purchaser whose vision aligned with the asset’s long-term growth. The buyer plans to pursue future expansion of the community, reinforcing confidence in both the property and the market.
Deptula, Hawley, and Jankowski represented both the original developer-seller and the international purchaser, guiding the transaction from marketing through closing to ensure a seamless execution.
“This sale highlights the strength of Central Florida’s multifamily fundamentals and the depth of global capital targeting stabilized, high-quality assets in growth markets,” said Rich Deptula.
The transaction further reinforces Friedman Real Estate’s position as a leader in large-scale multifamily investment sales.
